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Updated over 5 years ago,
Appliances for Rental Property
Excited to be a new member here on BiggerPockets and also about the fact that I'm making my first post!
I recently closed on a single-family rental investment in Peoria, AZ. The previous owner took their refrigerator, washer, and dryer and I'd like to replace these items before I rent out the home.
My question is, would you suggest getting new (but the cheapest) appliances. I'm looking at $299 each for the washer/dryer, and about $800 for a refrigerator plus $100 for parts, delivery, and install from Home Depot. I was considering possibly buying used appliances but not sure if it's a good idea or not. The home is in a nice, quiet, gated community and I'm looking to get about $1300/month in rent. Could you let me know what you suggest or what worked best for you?